HSBC October Preliminary China Manufacturing PMI Rises to 50.4

TODAY: Oct. 23, 2014 PUB DATE: Oct. 23, 2014

By Richard Silk BEIJING--A closely-watched gauge of activity in China's manufacturing sector rose in October, after holding steady at a three-month low in September, a result which may go some way to ease concerns over the pace of Chinese economic ...

New Zealand Annual Inflation At Bottom of Central Bank Target Range

TODAY: Oct. 23, 2014 PUB DATE: Oct. 23, 2014

By Lucy Craymer WELLINGTON, New Zealand--New Zealand annual inflation slowed further in the third quarter, leaving it at the bottom of the central bank's target range and increasing the likelihood the central bank will leave rates on hold for longer. ...

Oil Futures Subdued as China Data Fails to Lift Market

TODAY: Oct. 23, 2014 PUB DATE: Oct. 23, 2014

By Eric Yep Crude-oil futures were in negative territory in Asian hours Thursday as a positive reading of Chinese manufacturing for October failed to prop up oil prices, or offset the impact of a large build-up in U.S. oil inventories. ...

California Toll Road Sells $1.4 Billion in Bonds -- Update

TODAY: Oct. 23, 2014 PUB DATE: Oct. 23, 2014

By Aaron Kuriloff The operator of a struggling toll road in southern California sold about $1.4 billion in bonds on Wednesday, capitalizing on a broad decline in yields that has whetted investors' appetite for riskier bets. It is the second ...

Singapore September CPI +0.6% on Year

TODAY: Oct. 23, 2014 PUB DATE: Oct. 23, 2014

By Jake Maxwell Watts SINGAPORE--Singapore's consumer prices rose at a slower than expected pace in September, due to a sharp decline in the cost of transportation. The consumer price index rose 0.6% year-on-year in September, compared with the median estimate ...

Soft New Zealand Inflation Data Push Out Rate Rise Expectations

TODAY: Oct. 23, 2014 PUB DATE: Oct. 23, 2014

By Lucy Craymer WELLINGTON, New Zealand--Soft inflation data for the third quarter have increased the likelihood that New Zealand's central bank will keep rates on hold for longer, potentially delaying a next rate rise until the end of 2015. Annual ...

U.K. Car Production Sees Biggest Nine-Month Rise in Six Years

TODAY: Oct. 23, 2014 PUB DATE: Oct. 23, 2014

LONDON--U.K. car manufacturing has recorded its biggest nine-month rise in six years, boosted by the launch of new models and a recovering market in Europe, despite falling in September because of planned re-tooling for model changes. In September, 137,068 cars ...

Australian Business Confidence Steady

TODAY: Oct. 23, 2014 PUB DATE: Oct. 23, 2014

SYDNEY--Australian business confidence was steady in the third quarter compared with the second, but the data hides a noticeable decline late in the quarter that reflects a softening economy, National Australia Bank said Thursday. NAB's business-confidence index registered +6 points ...

Dollar Higher Against Yen In Rangebound Trade

TODAY: Oct. 23, 2014 PUB DATE: Oct. 23, 2014

By Hiroyuki Kachi The dollar was slightly higher against the yen in rangebound trade in Asia Thursday, with the Nikkei Stock Average giving a small boost to the greenback amid relatively quiet trading. As of 0450 GMT, the dollar rose ...

Dollar Slightly Lower Againt Yen As Nikkei Pares Gains

TODAY: Oct. 23, 2014 PUB DATE: Oct. 22, 2014

By Hiroyuki Kachi The dollar was slightly lower against the yen in otherwise directionless Asia trade Wednesday, with the Nikkei Stock Average losing some of its earlier gains. As of 0450 GMT, the dollar was at Y106.92 from Y107.00 late ...

Jobless Rate Below 5% in 15 States

TODAY: Oct. 23, 2014 PUB DATE: Oct. 22, 2014

By Eric Morath The unemployment rate stood below the 5% line in 15 states last month, the latest sign of a healthier labor market across a broad swath of the country. The tally, which matched the largest number of states ...

British Columbia Proposes Tax Break to Induce Natural Gas Development

TODAY: Oct. 23, 2014 PUB DATE: Oct. 22, 2014

By Chester Dawson The Canadian province of British Columbia on Tuesday introduced legislation to lighten the tax burden for natural-gas export terminals, a move aimed at spurring development of multibillion-dollar liquefied natural gas plants on the country's Pacific coast. The ...

BOE Officials Gloomier on Economy

TODAY: Oct. 23, 2014 PUB DATE: Oct. 22, 2014

LONDON--Bank of England officials grew gloomier about the U.K.'s economic prospects in October, citing increasing headwinds from overseas and a slowdown at home, according to minutes of this month's policy meeting published Wednesday. The minutes are the latest signal that ...

EU Won't Change Fiscal Rules -- Juncker

TODAY: Oct. 23, 2014 PUB DATE: Oct. 22, 2014

By Laurence Norman The incoming European Commission will make no changes to the bloc's fiscal rules, incoming President Jean-Claude Juncker said in a keynote speech Wednesday as he sought parliament's backing for his proposed executive team. Speaking at the European ...

Fitbug Shares Leap on UK, US Sales Agreements

TODAY: Oct. 23, 2014 PUB DATE: Oct. 22, 2014

By Ian Walker LONDON--Shares of Fitbug Holdings PLC (FITB.LN) more than doubled in early trade Wednesday after announcing its largest retail sales agreements worldwide to date. The AIM-listed provider of online personal health and well-being services said U.S. retail chain ...

U.S. Consumer Prices Up 0.1%

TODAY: Oct. 23, 2014 PUB DATE: Oct. 22, 2014

WASHINGTON--Consumer prices rose slightly in September, the latest sign of modest U.S. inflation pressures amid concerns of a global slowdown. The consumer-price index, which measures how much Americans pay for everything from cars to doctor's visits, rose a seasonally adjusted ...

EUROPE MARKETS: European Stocks Erase Losses; Climb For Second Day

TODAY: Oct. 23, 2014 PUB DATE: Oct. 22, 2014

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- European stock markets moved higher in a choppy session on Wednesday, with hopes of more stimulus from the European Central Bank outweighing jitters over the results of the ECB stress tests. The advances ...

Canada August Retail Sales Decline 0.3%

TODAY: Oct. 23, 2014 PUB DATE: Oct. 22, 2014

By Paul Vieira OTTAWA--Canadian retail sales declined for a second straight month in August, as lower pump prices meant receipts from gasoline stations fell to their lowest level since late last year, Statistics Canada said Wednesday. Motor vehicle sales also ...

Norfolk Southern CEO: Rail Mergers 'Don't Make Sense' At This Time

TODAY: Oct. 23, 2014 PUB DATE: Oct. 22, 2014

By Betsy Morris Norfolk Southern Corp. CEO Wick Moorman told analysts Wednesday he thought a major railroad merger would be "highly problematic" at this time. In response to questions during his third quarter analysts call, he said big rail mergers ...